George Reisman Answers George Soros

Socialist billionaire George Soros has invested tens of millions of dollars to help influence the 2004 presidential election. A vocal critic free markets, he now helps lead (and fund) American liberals’ campaign to bring more socialism to the United States.
Wouldn’t it be nice to hear one of capitalism’s most consistent defenders take him on head-first? George Reisman, author of the seminal Capitalism: A Treatise on Economics, does just this in an essay for the Ludwig von Mises Institute titled “Is Laissez-Faire a Threat to Freedom? An Answer to George Soros.”
The essay begins:

Back in 1997, George Soros, a multibillionaire stock and commodities speculator, wrote an essay titled “The Capitalist Threat” (The Atlantic Monthly, February1997. The essential substance of this essay is the claim that the main contemporary threat to a free society is a fully free society–i.e., a society of laissez-faire capitalism. It is a claim that has grown more prominent in the years since his article first appeared.
The obviously self-contradictory nature of this claim may have escaped Soros because he does not use the term “free society,” but the ambiguous expression “open society.” Yet is clear that insofar as the “open society” is to be considered as something desirable, it represents a free society, as when Soros writes: “The Declaration of Independence may be taken as a pretty good approximation of the principles of an open society….”

Read the full article.

The Case for Kerry: Selected Readings

A letter from Atlasphere member Eric Nolte:
The very persuasive cases made on the Atlasphere for Bush and Badnarik were accompanied by a surprising header, announcing that no one could be found to make a case for Kerry. Now, let’s not stretch the point and say that anyone should actually stand up and cheer for the man, but Dubya is so awful that we should not dismiss voting for Kerry without some serious meditation.
I know of at least two staunch advocates of freedom who are not supporting Bush or Badnarik.
Surely I am not the only member of the Atlasphere who heard Leonard Peikoff tell an audience that Kerry is very much better than Bush?
Peikoff’s case was excerpted from a lecture series on “The DIM Hypothesis.” As I remember it, the thrust of the matter is that Bush stands for theocracy, supported by a frightening, ideologically systematic, and massive base. By contrast, Kerry stands for socialism, but has nothing like a massive ideological base, because there is no credible, ideologically systematic support for socialism left anywhere in the world, not least because the left condemns all efforts to think systematically. (Of course, there is no credible, systematic support for religion either, but the Christian Right is happily deluded to hold its ideology.) In a contest between these two awful groups, the point is that theocracy is much more overtly irrational than democratic socialism.
The compelling point here is on the terrible danger posed by the Christian Right. This group is so big and influential today that another term for Bush might encourage them to become vastly more assertive and oppressive than they are now. There are something like 60 million born-again Christians, not counting fellow travellers, who believe that the Bible is the literal, revealed word of God, and they are out to impose their views on everybody else. This group is overwhelmingly Republican. They hear Bush as speaking for them, and Bush affirms this impression when he said in his first campaign that his favorite philosopher is Jesus Christ. Not even Hillary Clinton, says Dr. Peikoff, poses as great a threat to the ideals of the American project as the Christian Right, and Kerry has no such agenda supported by any such mass base.
Peikoff concludes by saying that those who know history and grasp the importance of philosophy know that an ideology, a systematic philosophy, accompanied by a truly mass base, can make serious inroads into dominating a culture.
How long can intellectual freedom last in the face of massive opposition from the Christian Right, endorsed by a second term for Bush?
In the end, Kerry is enormously bad, says Dr. P, but Bush is “apocalyptically bad.”
Dr. Peikoff’s statement isn’t in print to my knowledge, but you can listen to his 19 minute statement over at his website, listed below. It is a compelling statement.
Now here is another case for Kerry, this one from Lew Rockwell:
Consider that despite the seemingly more libertarian campaign rhetoric of Republicans, and despite the obviously socialist policies advocated by Democrats, the actual result of their policies (as opposed to the ideological planks of mainstream party platforms) is that Democrats may practice more “responsible” government than their colleagues across the aisle. Democrats ardently believe in the grace and sanctity of the Nanny State, and so they are motivated to try to make it work. By contrast, Republicans are even more heedless of the danger of a growing statist power than Democrats! This is the height of irony, but there may be some truth here. I commend you to read this very interesting piece, “The Myth of the Kerry Calamity,” on the Lew Rockwell website.
Dr. Peikoff also recommends an analysis of these matters by John Lewis.
At Lewis’s website, I found a link to a raft of interesting articles of his. I believe the one Peikoff referred to is called, “Opposing Platonic Conservatism: A Matter of Values.”

The Meaning of the Right to Vote

Ayn Rand Institute staff writer Alex Epstein has published an op-ed reminding us that on election day it is freedom, not voting, which makes America great:

Every Election Day politicians, intellectuals, and activists propagate a seemingly patriotic but utterly un-American idea: the notion that our most important right–and the source of America’s greatness–is the right to vote. According to former President Bill Clinton, the right to vote is “the most fundamental right of citizenship”; it is “the heart and soul of our democracy,” says Senator John McCain.
Such statements are regarded as uncontroversial–but consider their implications. If voting is truly our most fundamental right, then all other rights–including free speech, property, even life–are contingent on and revocable by the whims of the voting public (or their elected officials).

See the full article for additional analysis.

Harry Binswanger Endorses George W. Bush

Noted Ayn Rand Institute lecturer and Objectivist Graduate Center professor Harry Binswanger has publicly endorsed voting for George W. Bush in this year’s election. From his article “Vote for President Bush” at Capitalism Magazine:

At this late date, after the three debates, the nature of this campaign is set, and the meaning of this election has come into focus for me. The meaning is: independence vs. dependence. The Bush policies favor America retaining its sovereignty–cooperating with allies as and when they are willing–and America on the offensive. The Kerry program favors America surrendering that independence to curry favor with the bribed French and the America-hating despots at the U.N.
At a time when we are at war, after we have experienced an attack worse than Pearl Harbor, the main issue in this election has to be the war. And, appropriately, Bush has made it the main issue–both at the Republican convention and since.
The Bush doctrine, for all its timid, bumbling, and altruism-laced implementation, intends America to act, to use its military might offensively, even when half the world protests against it. Kerry’s “instincts” are to negotiate, conciliate, and retreat.

Read the full article at CapMag.

Columbus Day: A Weapon Against Terrorism

Front Page Mag has reproduced Thomas Bowden’s op-ed on Columbus day under the title “Columbus Day: Another Weapon Against Terrorism.” From the article:

We cannot win a war in which Islamic totalitarians loudly proclaim that their way of life is superior–while liberals trot out the cliches of multiculturalism, claiming that there is no objective standard by which to judge a society good or evil, and conservatives downplay the religious motives driving Islamic terrorism, clinging to the notion that religion promotes peace despite blood-soaked centuries of evidence to the contrary.
This moral uncertainty is dividing Americans into two equally ineffectual camps. Liberals, mortified by world opposition, want to demilitarize the conflict in favor of a criminal-justice approach, granting every Muslim killer his day in court. Conservatives, although seemingly willing to address the conflict militarily, wring their hands if a stray bullet chips gold leaf off the dome of a mosque.
Americans can escape this quagmire of moral vacillation only by becoming fully, rationally convinced that our values are objectively worthwhile–that they are worth pursuing, worth upholding, and worth defending, by force if necessary. One way to attain such moral certainty is to understand, with full clarity, why we celebrate Columbus Day.

See the full article for further elaboration.

Free Markets in Space

The Houston Chronicle has published a terrific op-ed by Ayn Rand Institute staff writer Robert Garmong titled “Myth of government-only exploration lost in space.” From the article:

On Monday, SpaceShipOne, the first privately funded manned spacecraft, captured the $10 million X Prize by making its second trip to outer space in less than a week. In doing so, it did more than shatter the boundary of outer space: It destroyed forever the myth that space exploration can only be done by the government.
Earlier this year, a Bush administration panel on space exploration recommended that NASA increase the role of private contractors in the push to permanently settle the moon and eventually explore Mars. But it appears that neither the administration nor anyone else has yet considered the true free-market solution for America’s moribund space program: complete privatization.
There is a contradiction at the heart of the space program: Space exploration, as the grandest of man’s technological advancements, requires the kind of bold innovation possible only to minds left free to pursue the best of their thinking and judgment. Yet by placing the space program under governmental funding, we necessarily place it at the mercy of governmental whim. The results are written all over the past 20 years of NASA’s history: The space program is a political animal, marked by shifting, inconsistent and ill-defined goals.

Read the full article for additional information.

What Makes a True Hero?

Writing for LewRockwell.com, Charley Reese has some interesting comments on what makes a hero (and what doesn’t), especially during times of war.

The novelist Ayn Rand made an interesting point once. She said the words we use and our moral approval are a kind of currency we use to reward virtue. If we fail to withhold our moral approval from people who don’t deserve it, then in effect we make it counterfeit and thus cheat those people who do deserve it.
In other words, if you’ll smile and shake hands with any lout, bum or criminal, what good is your handshake and smile? If you’re going to call heroes people who just happen to be soldiers, police officers and firefighters, what are you going to call those individuals who do something really outstanding?
Rand said something else interesting once. She said the way to kill greatness was not to attack it, but to simply reward mediocrity. We certainly do that in our society. If you put a chimpanzee on live television 20 minutes a day, five days a week, within a fortnight it would be national celebrity. A young woman who in smarter days would have been called what she is ? a spoiled slut ? achieves worldwide fame just by videotaping herself copulating with some guy.
No nation can do great things once its people lose the ability to define greatness and to distinguish between the truly outstanding and the mediocre. That is just as important as knowing the difference between right and wrong.
I do not intend to imply that people who do the unpleasant jobs, like policing and soldiering, don’t deserve respect. They certainly do. But we should reserve the word “hero” for those who perform extraordinary and outstanding deeds.

See the full article for further elaboration.

The X-Prize: Private Enterprise in Space

Glenn Reynolds offers appropriate congratulations to the X-Prize winners for their so-far successful privatization of space exploration:

NASA got us to the moon in an amazingly short time. But its subsequent history demonstrates that command-style economics is a little like steroids in athletics: You get a burst of rapid growth when the drugs first take hold, but after a while you realize that your national testicles are shrinking. […]
I heard someone on one of the cable channels (it might even have been MSNBC!) predicting that more people will travel into space in the next decade than in all of human history to date. That’s probably right — and if it is, it will be because the forces of capitalism have done what they always do, making things cheaper, better, and more widely available.

Reynolds’s full article will be enjoyable reading for any advocate of limited government in space.

Columbus Day Without Guit

The Ayn Rand Institute has announced the following upcoming public event:

Columbus Day Without Guilt

In years past, the anniversary of Christopher Columbus?s 1492 voyage was an occasion to honor the explorer?s courage and to rejoice in the spread of Western civilization across a savage wilderness. More recently, however, advocates of multiculturalism have damned Columbus and the New World?s settlers as brutal conquerors who destroyed a pristine Indian paradise. Columbus Day, we are told, should be spent in atonement and repentance?or be discarded in favor of ?Indigenous Peoples Day.?
Unjustified guilt-mongering about Columbus Day improperly blackens the reputation of Western civilization while obscuring the harsh realities of life in the Stone Age, argues attorney Thomas A. Bowden, senior writer for the Ayn Rand Institute and author of The Enemies of Christopher Columbus.
In this myth-shattering lecture, Mr. Bowden re-examines such controversial topics as the morality of displacing the American Indian tribes (did they really own the land?), the fallacies in the treaty/reservation system (was government too generous?), and the infamous ?Trail of Tears? (what caused so many Cherokee deaths on the way west?).
Rejecting as false all notions of racial superiority and collective guilt, Mr. Bowden instead affirms the objective superiority of civilization to savagery. On Columbus Day, he maintains, individuals of all ancestries should guiltlessly celebrate Western civilization?s core values?reason, science, technology, progress, capitalism, individual rights, law and the selfish pursuit of individual happiness here on earth?at a time when those values are under terrorist assault by America?s declared enemies.
THIS EVENT IS FREE TO THE PUBLIC
LOCATION and DETAILS:
Hyatt Regency Irvine
17900 Jamboree Road
Irvine, California 92614
Monday, October 11, 2004
Bookstore opens: 6:30 PM
Presentation: 7:30 PM to 8:30 PM
Q & A: 8:30 PM to 9:30 PM
Reception: follows until 10 PM
For more information:
Phone: 949-222-6550
E-mail: events@aynrand.org

UPDATE: Bowden has also published an op-ed on the topic:

Columbus Day: The Cure for 9/11

On October 12, 1492, Christopher Columbus discovered the New World, opening a sea route to vast uncharted territories that awaited the spread of Western civilization. Centuries later, the ensuing cultural migration culminated in the birth and explosive growth of the greatest nation in history: the United States of America.
On September 11, 2001, that nation came under attack by Islamic totalitarians who hate the distinctive values of Western civilization that America so proudly embraces–reason, science, individual rights, and capitalism–and who targeted the World Trade Center and the Pentagon as symbols of those values.
These attacks could not be dismissed as aberrant acts by a lone band of zealots, not after it became clear how widely that same festering hatred of Western values is felt in the Muslim world, where Osama bin Laden is embraced as a folk hero, terrorists continue to receive help from sympathetic governments, and the United States is perpetually damned as the Great Satan.
America has responded since Sept. 11 with various military and political maneuvers. Notably missing, however, has been any clear principled statement of what we are defending, and why we deserve to win.
Without moral certainty, America cannot prevail.

See the full article for additional commentary on this subject.

The Real Meaning of Labor Day

The Joplin Globe has printed a terrific Labor Day column by ARI columnist Fredric Hamber, which begins:

It is fitting that the most productive nation on earth should have a holiday to honor its work. The high standard of living that Americans enjoy is hard-earned and well-deserved. But the term “Labor Day” is a misnomer. What we should celebrate is not sweat and toil, but the power of man’s mind to reason, invent and create.
Several centuries ago, providing the basic necessities for one’s survival was a matter of daily drudgery for most people. But Americans today enjoy conveniences undreamed of by medieval kings. Every day brings some new useful household gadget, or a new software system to increase our productivity, or a breakthrough in biotechnology.
So, it is worth asking: Why do Americans have no unique holiday to celebrate the creators, inventors, and entrepreneurs who have made all of this wealth possible – the men of the mind?

Read the full article.
Our own Craig Ceely has also published a recent column about Labor Day.